Impala Platinum Holdings Limited (IMPUY)

[JD400]

Zimplats’ production increases 3% q/q

31st October 2019

By: Tasneem Bulbulia
Creamer Media Reporter


Zimbabwean platinum group metals (PGMs) miner Zimplats, in which JSE-listed Impala Platinum holds an 87% interest, increased its production of platinum, palladium, rhodium, ruthenium, iridium and gold (6E) PGMs by 3% quarter-on-quarter for the quarter ended September 30.

6E production for the period was 151 458 oz.

6E metal-in-matte production benefited from higher mill volumes. Mined and milled tonnages increased by 7% and 9%, respectively, quarter-on-quarter.

Operating cash costs per platinum ounce increased by 2% quarter-on-quarter.

https://www.miningweekly.com/article/zimplatss-production-increases-3-qq-2019-10-31